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\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/acc-201-module-1-case-and-slp-latest-trident/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nsACC 201 Module 1 Case and SLP Latest-Trident\nACC201\nACC 201 Module 1 Case Latest-Trident\nModule 1 – Case\nFINANCIAL STATEMENTS\nAssignment Overview There are three main parts to this case that requires you to prepare and submit a three to five page paper. Please make sure this paper is well organized and covers all of the items below.\n

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acc 201 module 1 case and slp latest trident

ACC 201 MODULE 1 CASE AND SLP LATEST-TRIDENT

Visit Below Link, To Download This Course:

https://www.tutorialsservice.net/product/acc-201-module-1-case-and-slp-latest-trident/

Or

Email us on

SUPPORT@TUTORIALSSERVICE.NET

sACC 201 Module 1 Case and SLP Latest-Trident

ACC201

ACC 201 Module 1 Case Latest-Trident

Module 1 – Case

FINANCIAL STATEMENTS

Assignment Overview There are three main parts to this case that requires you to prepare and submit a three to five page paper. Please make

sure this paper is well organized and covers all of the items below.

Part I

Search the course background information, the Internet and/or the Cyber Library. Discuss the terms listed below. Your discussion should expand

on the definition as given in the module background. Explain why these concepts are important to financial statements.

Generally Accepted Accounting Principles (US GAAP);

slide2

International Accounting Standards (IFRS);

Securities and Exchange Commission (SEC);

Annual report; and

10-K, 10-Q, and 8-K

Part II

Explain the basic formats of financial statements such as income statement, balance sheet, statement of cash flows, and statement for

retained earnings.

Part III

1. Everything in Accounting typically falls into one of three categories, as illustrated by the Accounting Equation. State the Accounting

Equation: Assets = _______________ + _______________

2. You will note that the Accounting Equation comprises 3 “categories,” each of which can be broken down further into accounts. For each of

the three main categories of the Accounting Equation, list 5 or more accounts with actual amounts that would typically be classified into

each. For instance, Land & Equipment would typically be categorized as Assets.

3. To simplify your answers, complete the assignment using a basic table or diagram.

Assignment Expectations

The submission should be 3 to 6 pages and need to include answers to all the questions listed above. Show computations, discuss the results and

include references in APA format.

When your paper is done, send it in.

ACC 201 Module 1 SLP Latest-Trident

Module 1 – SLP

FINANCIAL STATEMENTS

Below find the trial balance for Nybrostrand Company. Prepare an income statement and balance sheet in good format based on

.trident.edu/content/enforced/71811-ACC201-WIN2016-

2 formats 20of 20financial 20statements 20module

2/Formats%20of%20Financial%20Statements%20Module%201%20ACC201.docx?_&d2lSessionVal=zEsIugPgkw0Vw4LI4xR6CuuyP&ou=71811″2/Formats%20of%20Financial%20Statements%20Module%201%20ACC201.docx?_&d2lSessionVal=zEsIugPgkw0Vw4LI4xR6CuuyP&ou=71811″

>Formats of Financial Statements (Presentations). After you have completed the two statements comment on the success of the company.

Support your answer with information from the financial statements you just prepared.

Nybrostrand Company

31-Dec-14

Trial Balance (accounts in alphabetical order)

Accounts payable

Accounts receivable

Cash

Common stock

Depreciation expense

Cost of goods sold

Equipment (net of depreciation)

Insurance

Inventory

Long-term debt

Marketing

Paid-in capital

Property taxes

Rent

Retained earnings

Revenues

Salaries

Utilities

Total

Debit

$ 36,500

30,000

24,350

307,000

415,000

1,400

34,000

4,500

16,900

28,000

78,500

6,700

982,850

Credit

$ 78,000

10,000

127,000

50,000

?

586,000

982,850

SLP Assignment Expectations

The submission should be 2 to 4 pages and need to include answers to all the questions listed above. Show computations, discuss the results and

include references in APA format.

When your paper is done, send it in.

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